Thor Explorations Ltd. (THX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Thor Explorations Ltd. (THX) has a cash flow conversion efficiency ratio of 0.158x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$49.73 Million) by net assets (CA$315.57 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Thor Explorations Ltd. - Cash Flow Conversion Efficiency Trend (2001–2024)
This chart illustrates how Thor Explorations Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Thor Explorations Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thor Explorations Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ganzhou Yihao New Materials Co. Ltd. A
SHE:301176
|
-0.054x |
|
ZENTIVA S.A.
RO:SCD
|
0.012x |
|
Impulse Qingdao Health Tech Co Ltd
SHE:002899
|
0.036x |
|
Shanghai Hollywave Electronic System Co. Ltd. A
SHG:688682
|
-0.011x |
|
Wuhan Kotei Informatics Co.Ltd.
SHE:301221
|
N/A |
|
Jinxiandai Information Industry Co
SHE:300830
|
0.012x |
|
Beijing Chieftain Control Engineering Technology Co Ltd
SHE:300430
|
-0.034x |
|
USINAS SID.MIN.GER. PFD A
F:U1S1
|
N/A |
Annual Cash Flow Conversion Efficiency for Thor Explorations Ltd. (2001–2024)
The table below shows the annual cash flow conversion efficiency of Thor Explorations Ltd. from 2001 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$201.25 Million | CA$61.76 Million | 0.307x | -43.58% |
| 2023-12-31 | CA$147.94 Million | CA$80.47 Million | 0.544x | -44.06% |
| 2022-12-31 | CA$86.78 Million | CA$84.39 Million | 0.972x | +426.91% |
| 2021-12-31 | CA$75.17 Million | CA$-22.36 Million | -0.297x | -183.42% |
| 2020-12-31 | CA$77.91 Million | CA$27.78 Million | 0.357x | +822.26% |
| 2019-12-31 | CA$52.58 Million | CA$-2.60 Million | -0.049x | -30.45% |
| 2018-12-31 | CA$42.83 Million | CA$-1.62 Million | -0.038x | -21.61% |
| 2017-12-31 | CA$33.10 Million | CA$-1.03 Million | -0.031x | +2.08% |
| 2016-12-31 | CA$31.83 Million | CA$-1.01 Million | -0.032x | -41.93% |
| 2015-12-31 | CA$13.56 Million | CA$-303.55K | -0.022x | +37.67% |
| 2014-12-31 | CA$12.53 Million | CA$-450.10K | -0.036x | +42.82% |
| 2013-12-31 | CA$12.42 Million | CA$-780.12K | -0.063x | +43.20% |
| 2012-12-31 | CA$10.00 Million | CA$-1.11 Million | -0.111x | -19.65% |
| 2011-12-31 | CA$5.68 Million | CA$-524.73K | -0.092x | -226.02% |
| 2010-12-31 | CA$2.90 Million | CA$-82.23K | -0.028x | +61.10% |
| 2009-12-31 | CA$2.98 Million | CA$-216.88K | -0.073x | +42.87% |
| 2008-12-31 | CA$1.74 Million | CA$-221.53K | -0.128x | -132.77% |
| 2007-12-31 | CA$2.03 Million | CA$-111.44K | -0.055x | +83.55% |
| 2006-12-31 | CA$280.21K | CA$-93.35K | -0.333x | +23.84% |
| 2005-12-31 | CA$99.02K | CA$-43.31K | -0.437x | +34.47% |
| 2004-12-31 | CA$166.09K | CA$-110.87K | -0.667x | +33.81% |
| 2003-12-31 | CA$32.46K | CA$-32.74K | -1.008x | -66.00% |
| 2002-12-31 | CA$99.30K | CA$-60.32K | -0.607x | -98.55% |
| 2001-12-31 | CA$155.12K | CA$-47.46K | -0.306x | -- |
About Thor Explorations Ltd.
Thor Explorations Ltd., together with its subsidiaries, operates as a gold producer and explorer. The company also explores for silver deposits. Its flagship property is the Segilola Gold Project in Nigeria. Thor Explorations Ltd. was incorporated in 1968 and is based in Vancouver, Canada.